RPg Family Wealth Advisory LLC Purchases Shares of 594 Honeywell International Inc. (NASDAQ:HON)

RPg Family Wealth Advisory LLC purchased a new stake in Honeywell International Inc. (NASDAQ:HON) during the third quarter, HoldingsChannel.com reports. The fund purchased 594 shares of the conglomerate’s stock, valued at approximately $123,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Reston Wealth Management LLC bought a new stake in Honeywell International in the 3rd quarter valued at $29,000. Planning Capital Management Corp increased its holdings in Honeywell International by 96.4% in the 3rd quarter. Planning Capital Management Corp now owns 165 shares of the conglomerate’s stock valued at $34,000 after acquiring an additional 81 shares during the last quarter. Financial Connections Group Inc. bought a new stake in shares of Honeywell International in the 2nd quarter worth about $38,000. Pathway Financial Advisers LLC bought a new stake in shares of Honeywell International in the 1st quarter worth about $39,000. Finally, TruNorth Capital Management LLC bought a new stake in shares of Honeywell International in the 2nd quarter worth about $43,000. 75.91% of the stock is currently owned by institutional investors.

Honeywell International Price Performance

Honeywell International stock opened at $230.40 on Wednesday. Honeywell International Inc. has a 12-month low of $189.66 and a 12-month high of $242.77. The stock has a market cap of $149.82 billion, a P/E ratio of 26.61, a PEG ratio of 2.74 and a beta of 1.03. The company has a 50-day moving average price of $214.90 and a 200 day moving average price of $209.46. The company has a current ratio of 1.44, a quick ratio of 1.12 and a debt-to-equity ratio of 1.44.

Honeywell International Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 6th. Shareholders of record on Friday, November 15th will be given a dividend of $1.13 per share. The ex-dividend date is Friday, November 15th. This is a boost from Honeywell International’s previous quarterly dividend of $1.08. This represents a $4.52 dividend on an annualized basis and a dividend yield of 1.96%. Honeywell International’s dividend payout ratio (DPR) is currently 52.19%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Morgan Stanley assumed coverage on shares of Honeywell International in a report on Friday, September 6th. They issued an “equal weight” rating and a $210.00 target price on the stock. Citigroup reduced their target price on shares of Honeywell International from $248.00 to $244.00 and set a “buy” rating on the stock in a report on Friday, October 25th. StockNews.com raised shares of Honeywell International from a “hold” rating to a “buy” rating in a research note on Sunday, November 3rd. JPMorgan Chase & Co. dropped their price target on shares of Honeywell International from $235.00 to $233.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Barclays lifted their price target on shares of Honeywell International from $229.00 to $252.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Nine research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $241.45.

Honeywell International Profile

Honeywell International Inc engages in the aerospace technologies, building automation, energy and sustainable solutions, and industrial automation businesses in the United States, Europe, and internationally. The company’s Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; and thermal systems, as well as wireless connectivity services.